College gets huge funding boost despite secret slush fund

By Around the Web

(THE COLLEGE FIX) — The University of California system is receiving a substantial increase in state funding despite a recent audit finding that administrators had been hiding a $175 million surplus from lawmakers.

According to The Daily Bruin, the 2017-2018 budget approved last week by Democratic Governor Jerry Brown boosts funding for the UC system by $131.2 million, in keeping with a deal struck with UC President Janet Napolitano in 2015 that forestalled tuition hikes for two years.

That agreement, however, had been premised on the system’s claims that it would be forced to raise tuition by as much as five percent each year for five years without a massive infusion of cash, but an audit ordered by state lawmakers earlier this year appears to cast doubt on that assertion.

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